Round Table | Dave Ramsey Says Infinite Banking is a Scam Part 1
The Wealth Without Wall Street Podcast
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A Mutual Company Is a Mutual Company
In a mutual company, customers are the policy owners in the company's right? They own. Q he the the company by by way of being a policy owner. But if i buy a policy from prudential, that does not make me an owner in the company. That just makes me a customer. In a stock company,. so say prudential, for example, is a stock company. And if i buy prudential stock, i am now a shareholder. Ri, a minority shareholder, basically n a inprudential for based on having much stock i decide to buy. The only way for a company to be profitable is to intentionally overcharge for their cost of good.
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